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Mortgage Clerk salary in Ecuador

Average Yearly Salary of Mortgage Clerk in Ecuador is approximately 133,049,184 ECS (4,692 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Mortgage Clerk do?

occupation personasA mortgage clerk is responsible for assisting in the processing and documentation of mortgage loans. Their primary role involves gathering and verifying financial information, such as income, credit history, and employment details, from loan applicants. They also review loan applications for completeness and accuracy, ensuring all necessary documents are included. Mortgage clerks work closely with loan officers and underwriters to ensure a smooth loan approval process. They may communicate with borrowers, lenders, and other parties involved in the mortgage transaction to request additional information or clarify details. Additionally, they maintain accurate records of loan applications and update loan files as needed. Attention to detail, strong organizational skills, and knowledge of mortgage regulations and procedures are essential for success in this occupation.

Skills: Mortgage clerk, Loan processing, Documentation, Financial verification, Loan application, Mortgage regulations
Job industry: Finance


How much does Mortgage Clerk make?

Salary details
How much does Mortgage Clerk make?
Estimated Yearly Salary: 133,049,184 ECS
Estimated Monthly Salary: 11,087,432 ECS
Estimated Weekly Salary: 2,558,638 ECS per week
Estimated Hourly Salary: 63,966 ECS per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 128,322,069 ECS
Estimated Monthly Salary: 10,693,506 ECS
Estimated Weekly Salary: 2,467,732 ECS per week
Estimated Hourly Salary: 61,693 ECS per hour
Last revision of data: 2024-01-03



Mortgage Clerk estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 4,692 USD
Estimated Monthly Salary: 391 USD
Estimated Weekly Salary: 90 USD per week
Estimated Hourly Salary: 2 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 4 %

About these results Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.

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Salary comparison to National average

Ecuador is a country located in South America, bordered by Colombia to the north, Peru to the east and south, and the Pacific Ocean to the west. It has a population of approximately 17 million people and covers an area of about 283,561 square kilometers.

Estimated national average yearly salary is 163,662,470 ECS (6,310 USD). Value indicated is pre-tax. Below graph shows estimated Mortgage Clerk job salary compared to average salary in Ecuador.
Comparison shows that a person working as Mortgage Clerk in Ecuador earns on average:
0.81 times the average salary (or 81% of average salary).

Is Mortgage Clerk a well paid job?

No / we do not have enough data to assess this.

What is considered a high salary for Mortgage Clerk?

High salary for Mortgage Clerk would be somewhere between 146,354,102 ECS and 192,921,317 ECS. However this is an estimation based on Gaussian Distribution.

How much can you save working as Mortgage Clerk in Ecuador?

Living in Ecuador the approximate monthly expenses are: 252 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 133,049,184 ECS
Estimated Monthly Salary: 11,087,432 ECS
Estimated Weekly Salary: 2,558,638 ECS per week
Estimated Hourly Salary: 63,966 ECS per hour
By working as Mortgage Clerk a person can save up to 139 USD per month or 1,663 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Ecuador, see costs of living in Ecuador.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Colombia, Peru.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Mortgage Clerk

Colombia is 4,863 USDup arrow 4%
Details on Mortgage Clerk salary in Colombia
Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

    0 years (beginner) equals base salary
    1 to 5 years of experience yields up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+10% salary increase
NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Ecuador

(1,855,980,438 ECS per year, pre-tax.)
(1,555,155,042 ECS per year, pre-tax.)
(1,492,481,780 ECS per year, pre-tax.)
(1,451,252,556 ECS per year, pre-tax.)
(1,445,038,889 ECS per year, pre-tax.)
(1,418,984,151 ECS per year, pre-tax.)
(1,418,715,651 ECS per year, pre-tax.)
(1,416,409,138 ECS per year, pre-tax.)
(1,414,323,101 ECS per year, pre-tax.)
(1,413,729,680 ECS per year, pre-tax.)

Data as of 2025

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The salary figures presented here are meant for informational purposes solely.
This website aggregates salary data for educational use exclusively. While we strive to deliver correct estimates, we do not warrant their full reliability. Users are strongly encouraged to check with additional sources before making financial plans. Salary amounts vary based on several factors, such as location, job role, and individual qualifications. We make no guarantees as to the correctness of the listed data. Your use of this site indicates acceptance of this notice.
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